Cranbury, NJ · Cert 27552
FDIC · 26 branches
Q4 2021
Market Position · New York-Newark-Jersey City, NY-NJ-PA · 2021 SOD (annual) · 0.1% share · #67 of 173 inst. · $1.4B of $2606.2B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q1 2020 | Q2 2020 | Q3 2020 | Q4 2020 | Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.89% | 0.90% | 1.11% | 1.34% | 1.11% | 1.16% | 1.19% | 1.02% | -33 bps | |
| Return on Equity | 7.47% | 7.82% | 10.09% | 12.11% | 9.64% | 9.88% | 10.19% | 8.88% | -323 bps | |
| Net Interest Margin | 3.46% | 3.43% | 3.57% | 3.70% | 3.45% | 3.29% | 3.28% | 3.04% | -66 bps | |
| Efficiency Ratio | 61.51% | 56.50% | 53.52% | 52.72% | 56.15% | 56.67% | 56.67% | 62.81% | +1,009 bps | |
| Non-Interest Burden | 1.90% | 1.62% | 1.40% | 1.49% | 1.55% | 1.51% | 1.50% | 1.71% | +22 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 35.22% | 33.49% | 37.37% | 13.91% | 12.13% | 2.77% | 3.61% | 5.36% | -855 bps | |
| Loan Growth (YoY) | 40.44% | 40.64% | 43.82% | 19.77% | 6.60% | -9.15% | -18.78% | -22.80% | -4,257 bps | |
| Deposit Growth (YoY) | 30.42% | 37.90% | 47.65% | 22.32% | 20.26% | 9.69% | 8.44% | 6.11% | -1,621 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 1.07% | 1.13% | 1.27% | 1.21% | 1.20% | 1.01% | 1.02% | 1.04% | -17 bps | |
| Net Charge-Offs / Loans | 0.05% | 0.00% | 0.00% | 0.05% | 0.00% | 0.23% | 0.12% | -0.01% | -5 bps | |
| Allowance / Loans | 0.81% | 0.89% | 0.97% | 1.07% | 1.30% | 1.36% | 1.42% | 1.48% | +41 bps | |
| Allowance Coverage of NPLs | 0.8x | 0.8x | 0.8x | 0.9x | 1.1x | 1.4x | 1.4x | 1.4x | +0.5x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 10.15% | 9.64% | 9.31% | 9.40% | 9.63% | 9.96% | 9.94% | 9.75% | +35 bps | |
| Total Risk-Based Capital | 11.85% | 11.34% | 11.57% | 12.15% | 13.37% | 14.01% | 14.31% | 14.45% | +230 bps | |
| Equity / Assets | 11.85% | 11.22% | 10.84% | 11.37% | 11.58% | 11.93% | 11.40% | 11.56% | +19 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 94.69% | 96.93% | 98.18% | 93.62% | 83.93% | 80.28% | 73.53% | 68.11% | -2,551 bps | |
| Liquid Assets / Assets | 5.70% | 5.57% | 5.38% | 6.14% | 14.06% | 16.51% | 20.12% | 22.49% | +1,635 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |